Homework Answers
Please find below the solution and provide rating...
| Given that- | |||||
| Days from maturity= | 115 | ||||
| Nominal yield = | 6.56% | ||||
| Bond equivalent yield = | =6.56%(365/360) | 6.651% | |||
| Effective annual return = | =((1+(0.06651*115/365))^(365/115))-1 | ||||
| Effective annual return = | 6.804% | ||||
Add Answer to:
Calculate the bond equivalent yield and effective annual return on a jumbo CD that is 115...
Calculate the bond equivalent yield and effective annual return on fed funds that are 10 days...
Calculate the bond equivalent yield and effective annual return on fed funds that are 10 days from maturity and have a quoted yield of 0.25 percent. (Use 365 days in a year. Do not round intermediate calculations. Round your answers to 4 decimal places. (e.g., 32.1616))
What is the discount yield, bond equivalent yield, and effective annual return on a $1 million...
What is the discount yield, bond equivalent yield, and effective annual return on a $1 million T-bill that currently sells at 99.375 percent of its face value and is 65 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161) Discount yield Bond equivalent yield Effective annual return
What is the discount yield, bond equivalent yield, and effective annual return on a $1 million...
What is the discount yield, bond equivalent yield, and effective annual return on a $1 million T-bill that currently sells at 96.375 percent of its face value and is 80 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161)) Discount yield Bond equivalent yield Effective annual return % %
What is the discount yield, bond equivalent yield, and effective annual return on a $1 million...
What is the discount yield, bond equivalent yield, and effective annual return on a $1 million T-bill that currently sells at 96.375 percent of its face value and is 80 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161)) Discount yield Bond equivalent yield Effective annual return %
What is the discount yield, bond equivalent yield, and effective annual return on a $6 million...
What is the discount yield, bond equivalent yield, and effective annual return on a $6 million commercial paper issue that currently sells at 98.25 percent of its face value and is 145 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161)) Discount yield Bond equivalent yield Effective annual return
What is the discount yield, bond equivalent yield, and effective annual return on a $8 million...
What is the discount yield, bond equivalent yield, and effective annual return on a $8 million commercial paper issue that currently sells at 98.75 percent of its face value and is 125 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round Intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161) Discount yield Bond equivalent yield Effective annual retum
What is the discount yield, bond equivalent yield, and effective annual return on a $1 million...
What is the discount yield, bond equivalent yield, and effective annual return on a $1 million commercial paper issue that currently sells at 96.375 percent of its face value and is 70 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161)) 1.) Discount Yield % (Round all answers to 3 decimal places)...
What is the discount yield, bond equivalent yield, and effective annual return on a $5 million...
What is the discount yield, bond equivalent yield, and effective annual return on a $5 million commercial paper issue that currently sells at 98.75 percent of its face value and is 131 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161))
What is the discount yield, bond equivalent yield, and effective annual return on a $1 million...
What is the discount yield, bond equivalent yield, and effective annual return on a $1 million T-bill that currently sells at 93 3/8 percent of its face value and is 70 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places.
A bank has issued a six-month, $2.8 million negotiable CD with a 0.55 percent quoted annual...
A bank has issued a six-month, $2.8 million negotiable CD with a 0.55 percent quoted annual interest rate lico, spl a. Calculate the bond equivalent yield and the EAR on the CD. b. How much will the negotiable CD holder receive at maturity? c. Immediately after the CD is issued, the secondary market price on the $3 million CD falls to $2799.000. Calculate the new secondary market quoted yield, the bond equivalent yield, and the EAR on the $2.8 million...
What is the discount yield, bond equivalent yield, and effective annual return on a $1 million T-bill that currently sells at 99.375 percent of its face value and is 65 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161) Discount yield Bond equivalent yield Effective annual return
What is the discount yield, bond equivalent yield, and effective annual return on a $1 million T-bill that currently sells at 96.375 percent of its face value and is 80 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161)) Discount yield Bond equivalent yield Effective annual return % %
What is the discount yield, bond equivalent yield, and effective annual return on a $1 million T-bill that currently sells at 96.375 percent of its face value and is 80 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161)) Discount yield Bond equivalent yield Effective annual return %
What is the discount yield, bond equivalent yield, and effective annual return on a $6 million commercial paper issue that currently sells at 98.25 percent of its face value and is 145 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161)) Discount yield Bond equivalent yield Effective annual return
What is the discount yield, bond equivalent yield, and effective annual return on a $8 million commercial paper issue that currently sells at 98.75 percent of its face value and is 125 days from maturity? (Use 360 days for discount yield and 365 days in a year for bond equivalent yield and effective annual return. Do not round Intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161) Discount yield Bond equivalent yield Effective annual retum
A bank has issued a six-month, $2.8 million negotiable CD with a 0.55 percent quoted annual interest rate lico, spl a. Calculate the bond equivalent yield and the EAR on the CD. b. How much will the negotiable CD holder receive at maturity? c. Immediately after the CD is issued, the secondary market price on the $3 million CD falls to $2799.000. Calculate the new secondary market quoted yield, the bond equivalent yield, and the EAR on the $2.8 million...
Most questions answered within 3 hours.
-
The
half-life of a radioactive source is 14.0 minutes. How much time
must elapse before the...
asked 51 seconds from now -
A bicyclist starting at rest produces a constant angular
acceleration of 1.10 rad/s2 for wheels that...
asked 1 minute ago -
Given P(Ec ) = 0.43, P(F) = 0.52, and P(EF) = 0.18.
Find P( E |...
asked 46 minutes ago -
Consider two empty containers A and B whose volumes are
10mL and 20mL respectively. 1mL of...
asked 49 minutes ago -
QUESTION 6
Determine the linear momentum of a 2,800 kg houseboat going 3
m/s.
9,100 kg.m/s...
asked 1 hour ago -
Jor-el throws a ball upward from the top of a 728 foot building
on the planet...
asked 1 hour ago -
Which of the following will most likely to happen if Federal
Reserve Bank decreases the money...
asked 50 minutes ago -
You’ve just joined the investment banking firm of Dewey,
Cheatum, and Howe. They’ve offered you two...
asked 44 minutes ago -
An air conditioner cools 226 m^3/min of humid air at 36 oC and
98% relative humidity...
asked 43 minutes ago -
Vaughn Manufacturing acquires a coal mine at a cost of $1870000.
Intangible development costs total $354000....
asked 52 minutes ago -
Question 5
What effect would a decrease in
temperature have on pressure, assuming that volume
(T)...
asked 1 hour ago -
Draw the Lewis dot structures for the following molecules. None
of the atoms have a formal...
asked 1 hour ago